The following schedule of information relates to Shepards for the year 2016:

Income statement data:
	Sales	$1,200,000
	Depreciation expense	40,000
	Net income	151,000
Cash receipts:
	From issuance of common stock	$ 53,000
	From sale of plant assets (at book value)	20,000
	From loan repayment by borrower	36,000
Cash payments:
	For purchase of stock investment	$ 44,000
	To stockholders as dividends	90,000
Change in working capital accounts:
	Cash increase	$ 197,000
	Accounts receivable decrease	19,000
	Inventory increase	22,000
	Accounts payable decrease	3,000
	Accrued liabilities increase	12,000

The cash balance was $42,000 at the beginning of 2016.

Required:

In good form, prepare the operating section of a 2016 statement of cash flows for Shepards using the indirect method.